Zhejiang Yingfeng Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Yingfeng Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥672.9M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are CN¥2.3B and CN¥1.2B respectively. Zhejiang Yingfeng Technology's EBIT is CN¥43.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥245.5M.
Key information
58.7%
Debt to equity ratio
CN¥672.89m
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥245.52m |
Equity | CN¥1.15b |
Total liabilities | CN¥1.17b |
Total assets | CN¥2.32b |
Recent financial health updates
No updates
Recent updates
Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) Doing What It Can To Lift Shares
Jun 06The Strong Earnings Posted By Zhejiang Yingfeng Technology (SHSE:605055) Are A Good Indication Of The Strength Of The Business
May 01Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Shares Not Telling The Full Story
Mar 05Financial Position Analysis
Short Term Liabilities: 605055's short term assets (CN¥469.1M) do not cover its short term liabilities (CN¥1.0B).
Long Term Liabilities: 605055's short term assets (CN¥469.1M) exceed its long term liabilities (CN¥146.7M).
Debt to Equity History and Analysis
Debt Level: 605055's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 605055's debt to equity ratio has increased from 24.6% to 58.7% over the past 5 years.
Debt Coverage: 605055's debt is well covered by operating cash flow (60.4%).
Interest Coverage: 605055's interest payments on its debt are not well covered by EBIT (2.3x coverage).